Okamura (TSE:7994) Interest Expense : 円-164 Mil (TTM As of Dec. 2023)

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What is Okamura Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Okamura's interest expense for the three months ended in Dec. 2023 was 円 -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-164 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Okamura's Operating Income for the three months ended in Dec. 2023 was 円 3,100 Mil. Okamura's Interest Expense for the three months ended in Dec. 2023 was 円 -36 Mil. Okamura's Interest Coverage for the quarter that ended in Dec. 2023 was 86.11. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Okamura Interest Expense Historical Data

The historical data trend for Okamura's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Okamura Interest Expense Chart

Okamura Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-176.00

-163.00

-151.00

-180.00

Okamura Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-43.00	-57.00	-35.00	-36.00	-36.00

Okamura Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-164 Mil.

Okamura (TSE:7994) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Okamura's Interest Expense for the three months ended in Dec. 2023 was 円-36 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,100 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円9,670 Mil.

Okamura's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3100	/	-36
	=	86.11

The higher the ratio, the stronger the company's financial strength is.

Okamura (TSE:7994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Okamura Corp (TSE:7994) » Definitions » Interest Expense

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Address

Bldg 19, No. 1, No. 4 Tenri Kitasaiwai 1-chome, Nishi-ku, Yokohama, JPN, 220-0004

Website

http://www.okamura.co.jp

Okamura Corp is a Japanese manufacturer that operates through three segments. The office furniture segment provides office seating, desks, storage, filing supplies, room furniture, and fixtures. The store displays segment comprises products including display fixtures for food and stores, checkout facilities, and showcases. The material handling systems and others segment consists of automated warehouse, conveyor systems, sorting systems, shelves, and equipment for plants and warehouses. Combined, the office furniture and store displays segments contribute the majority of group sales. Okamura's products are manufactured both in Japan and overseas and are delivered across the world by its distribution network.

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